2802 N Richmond Rd Wharton, TX 77488
This exceptional 118,178 square foot commercial land parcel presents a remarkable investment opportunity in Wharton, Texas. Located at 2802 N Richmond Rd, this expansive 2.7-acre corner lot offers unparalleled versatility. The property is zoned for commercial use, although specific zoning details are not available. All utilities are conveniently accessible on-site, simplifying development plans. This prime location provides exceptional visibility and accessibility, making it ideal for a wide range of commercial ventures. Imagine the possibilities: a thriving gas station, a modern commercial building, or even a residential development. The choice is yours. The substantial lot size allows for ample space to accommodate large-scale projects or multiple smaller developments. This property's strategic location and extensive size make it a rare find in the Wharton market, offering significant potential for substantial returns. Seize this opportunity to acquire a highly desirable commercial land parcel in a growing Texas community. The asking price is $449,900.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.